Hycroft Mining Holding Corp (HYMC)

[Saving Grace]

Production: Gold and silver sales for the year ended December 31, 2022, were 17,728 ounces and 44,084 ounces, respectively. Processing of ore on the leach pads from prior mining operations ceased in December 2022.
Revenue: Revenue from gold and silver sales totaled $32.2 million and $1.0 million, respectively, for the year ended December 31, 2022.
Cash Position: The Company ended 2022 with $142 million of unrestricted cash, $34 million of restricted cash, and in compliance with debt covenants.

$1.2Billion invested, preparing for massive commercial operation.

A second Refinery is under construction with everything in place. This is a massive commercial operation.

Hycroft is expected to have a workforce of over 500 when it's said a done. All infrastructure is prepared, in place and ready.











































Hycroft Mine Expansion Winnemucca, Nevada

SMG provided conceptual, final mechanical and structural engineering and design of belt conveyors including transfer structures and chutes. A fast-track schedule and changing priorities required quick SMG responses to complete engineering on schedule.


http://www.smgengr.com/material-handling-systems.html

A fast-track schedule and changing priorities required quick SMG responses to complete engineering on schedule.


Massive belt conveyors including transfer structures and chutes.


CEO Diane Garrett said; We have a tremendous amount of infrastructure already on site at Hycroft Mining Holding Corporation – infrastructure that, if planned and purchased today, would exceed well over a billion dollars. That advantage means we’re ahead of the curve of a typical developer.


https://www.linkedin.com/company/hycroftmining

SMG massive conveyor system.
http://www.smgengr.com/material-handling-systems.html

Hycroft Mining: Infrastructure and Equipment Owned by Hycroft